Tesla is trading 3.9% down at €345.00 as the market gives back gains following last week's autonomous vehicle announcements.
- Fading optimism surrounding the Cybercab plans is weighing on the stock after a period of significant growth.
- Broader risk-off selling is impacting high-growth EV and tech names amid escalating Middle East tensions.
- The decline is further exacerbated by sector-wide headwinds affecting the electric vehicle industry.